Nomura: Bank of Thailand may keep interest rates unchanged this week but is expected to send a signal of easing measures.
Nomura economists report that the Bank of Thailand is expected to keep its policy rate unchanged on Wednesday, but will signal a bias towards easing. Concerned about limited policy space, the focus of the Bank of Thailand is on the timing and effectiveness of rate cuts. The Bank of Thailand is closely monitoring financial conditions, especially overall credit growth, and will use this as key reference information for making policy decisions. Nomura continues to predict that the Bank of Thailand will cut rates by an additional 75 basis points, possibly in October and December of this year and in the first quarter of 2026.
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